Bio composites or green composites are formed by a biopolymer matrix and reinforcement of natural fibers. Someare degradable materials, but this is rare. For the environment is a major driver of the bio composite market. Need for green composites is driven by depleting natural resources like crude oil, a focus on reducing environmental pollution and utilization of agricultural waste. Natural fibers used in organic composites include natural fibers like jute, wood flour, sugarcane bagasse, oil palm fiber, rice husk etc.
Natural fiber-reinforced polypropylene (PP) composites have gained popularity in the automotive industry. The advantages of natural fibers over manmade glass fiber include reduced cost, low density, distinct mechanical properties, less energy consumption, etc. Automakers are currently shifting towards organic composites as natural fibers like hempare tougher than steel and is also cost-effective in terms of production . Bio composites are also used in the construction and marine sectors as it is easily moldable and rigid in nature.
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In terms of revenue, the global polymer market is estimated to be US $ 250 billion in 2013. On the other hand, global market of bio-based polymer is expected to grow at a CAGR of 10% – 11.5%. Increased demand for bio composites is expected from regions of Asia Pacific, due to increasing construction, manufacturing and automotive sectors. Asia-Pacific is 43% globally. Asia-Pacific is the world’s leading manufacturer of bio-composites.
Commercial and residential construction industry in APAC is flourishing and bio composite is preffered for manufacturing are used industry is assured to play a major role in it due to Increasing environmental concerns, stringent government regulations and as a social responsibility.
The key players in the market are divided into two groups. The main producers of natural fiber composites in the market are Flexform Technologies, Technaro GmbH, Procotex SA Corporation NV and GreenGran BV The prominent suppliersof natural fiber composites are Stemergy, Bast Fibers, LLC and Crailar.
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Many companies offer bio composites are aggressively to enhance their product portfolio to meet customer requirements and explore untapped markets. The organic composite market in APAC is highly fragmented and experienced.
After a decade of extraordinary developments with regard to artificial fibers, bio composites have garnered high interest from the automotive sector, especially for interior and exteriors of automobiles. Social concerns, depleting carbon resources and ecological regulations have started the search for new products and processes that are environment friendly. The combination of natural fibers and composites can reduce dependence on petroleum-based composite material. Bio composites could ultimately replace petroleum-based composite materials in various applications. This could be a new product. Increasing use of bio composites can help maintain CO2 balance in Earth’s atmosphere. CAFÉ (Corporate Average Fuel Economy), a new national and state emission standards, is seeking to create a competitive advantage in the automotive industry. If you are looking for a product that is made with a high-quality material such as wood pulp, jute fibers, cellulose fiber, etc., In addition to this high volume production of bio composites,
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